HIGHOutside partyCustomer
67%
top 10 customers
“10-K Item 1A: 'Sales to our top 10 customers amounted to approximately 67% of net sales for the year ended October 31, 2025'”
AVO · Concentration risk · 10-K extracted
Mission Produce (AVO) concentration risks
Updated
The most significant concentration Mission Produce discloses is top 10 customers at 67%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Mission Produce’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH3
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inProduct / Revenue mix
avocados
“10-K Item 1A: 'we grow, market, and distribute, as applicable, one main product—avocados'”
HIGHOutside partyCustomer
single distributor (Blueberries)
“10-K Item 1: 'Substantially all blueberries produced are sold to a single distributor under an exclusive marketing agreement.'”
MEDIUMOutside partyGeographic
Mexico (avocado sourcing)
“10-K Item 1A: 'Mexico is the largest source of our supply of avocados, and our business is affected by developments in that country.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Mission Produce's concentration risks stack across customer, product, and geographic lines. On the customer side, the top 10 customers accounted for approximately 67% of net sales in the most recent fiscal year, a high-share dependency that leaves results sensitive to the loss or renegotiation of a small number of large buyer relationships. That customer concentration sits atop an even more structural fact: the company grows, markets, and distributes essentially one main product — avocados — so the business's fortunes are tied to a single commodity's supply and pricing cycle rather than a diversified product mix. A smaller adjacent business faces its own single-counterparty exposure: substantially all blueberries produced are sold to a single distributor under an exclusive marketing agreement. On the supply side, Mexico is the largest source of avocado supply, and the business is affected by developments in that country, a medium-share dependency layered on top of the single-product structure. Together, the avocado product concentration and the top-customer dependency are the exposures most likely to move the verdict, since either a demand-side customer loss or a commodity-specific shock would hit the core business directly, while the blueberry distributor and Mexico sourcing exposures are narrower, secondary risks.
For the engine’s reasoning on AVO’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Food Distribution
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AVO● | Mission Produce, Inc. | 3 | 1 | 0 | 4 |
| ANDE | The Andersons, Inc. | 1 | 2 | 0 | 3 |
| SYY | Sysco Corporation | 1 | 0 | 0 | 1 |
| USFD | US Foods Holding Corp. | 0 | 1 | 1 | 2 |
| PFGC | Performance Food Group Company | 0 | 1 | 0 | 1 |
| UNFI | United Natural Foods, Inc. | 0 | 1 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.